Adapting and Thriving: Key Lessons from Robert Moorman in Real Estate Appraisal

Adapting and Thriving: Key Lessons from Robert Moorman in Real Estate Appraisal

In today’s fast-evolving appraisal industry, how can professionals not only survive but thrive?

Robert Moorman, a seasoned appraiser, offers valuable lessons on embracing change, networking, and lifelong learning.


How Historical Crises Shape Our Profession

What can the Savings and Loan Crisis teach today’s appraisers?

For Robert M. , this critical period reshaped the industry, leading to regulations like FIRREA that continue to safeguard the profession. Staying informed about these historical shifts helps appraisers understand the importance of compliance and long-term industry stability.


Embrace Technology, Don’t Fear It

Robert’s journey started in a time of manual appraisals—when Polaroid cameras and 100-foot tapes were the tools of the trade.

Today’s digital advancements, such as automated valuation models (AVMs) and data analytics, allow for greater accuracy and efficiency.

For Robert, appraisers who adopt these tools will lead the way in a competitive, data-driven landscape.


The Power of Networking

In non-disclosure states, data access can be a challenge.

Robert emphasizes the need to build strong networks with peers and local experts to share vital information.

In his words: “If you don’t have a network where you can call someone and say, ‘Hey, I need some sales,’ you can’t do this job.”


Continuous Learning is Key

As a passionate educator, Robert believes in the value of professional development.

Whether through certifications or teaching others, staying sharp is essential for career longevity.

He encourages appraisers to invest in continuous education, stating: “The great thing about this profession is you never know it all.”


Takeaways for Appraisers Today

To thrive in the evolving real estate appraisal industry:

  • Understand the past: Regulatory changes often stem from historical crises.
  • Leverage technology: Modern tools enhance accuracy and efficiency.
  • Network effectively: Build strong connections to access critical market data.
  • Prioritize lifelong learning: Invest in certifications and continuous education.


What’s Your Experience?

How have you adapted to changes in the real estate appraisal industry?

Share your thoughts in the comments or connect with me to discuss further.


*****************************************************************

After 5 enlightening seasons on real estate appraisals, we've launched a special series of 10 bonus interviews exclusively for our email subscribers!

Join us as we welcome back top experts and explore advanced topics like mortgage securitization, appraisal challenges, and crucial lessons from past financial crises.

These deep dives promise to enhance your understanding and provoke thoughtful discussions. Curious to uncover these industry secrets?

Subscribe now 👉 https://lnkd.in/gM8kj4NJ

Phil Bellaria

Chief Customer Officer / CRO / CMO | AI/Data-Savvy, Customer-Obsessed Growth Strategist | Scaled revenue from $40M to $130M+ | Marketing, Customer Success, Sales, and Product Team Builder in Tech & Media

1mo

What an inspiring journey, Michael! Robert’s experience is a testament to the power of adaptation and resilience in real estate. Looking forward to more insights from your newsletter. Keep sharing the wisdom!

To view or add a comment, sign in

Insights from the community

Others also viewed

Explore topics